InvestorsHub Logo
Followers 375
Posts 17018
Boards Moderated 4
Alias Born 03/07/2014

Re: None

Tuesday, 01/27/2015 11:06:40 AM

Tuesday, January 27, 2015 11:06:40 AM

Post# of 106839
Flat-lining, volume gone again now.

Last trade was at 9:31 AM Eastern. 1 minute and 2 seconds after market open and it's done less than 150K shares worth (not even $1,500 bucks worth) - but can't seem to find any real buying even in the 1 cent range?

It's been parked, not a single trade posting since 9:31 Eastern which is going on 1.5 hours now.

Seen this low vol, high spread, flat-lining mode many times in the past.

Usually means that one sell order of any decent "size" can sink it in a blink IMO. Seen it many times. It's pretty much ill-liquid in here right now with no trades posting back n forth in normal like order flow. Just one or two trades- and then it sits, often for 1 hour or even longer.

One week ago (for several weeks in a row), it was having huge sell/dump days with 1.5 million shares a day being the low end, and 2 to 4 million shares a day being about the avg on those sell/dump days and a few days that spike to 5 to 7 million shares or more of hard selling.

Now, at about 1 cent, it sits parked and does 150K shares in almost 1.5 hours of trading, $1,500 bucks worth??

Odd trading patterns on this one IMO, it's just all over the map from one week to the next? Can't figure it out?